For SaleRisky Deal35 days on market
2625 NE Hembree St
2625 NE Hembree St, McMinnville, OR 97128, McMinnville, OR 97128
$455,000
Listing Price
2625 NE Hembree St, McMinnville, OR 97128
Loc: McMinnville, OR
Days Listed
35
Tax Assessed
$428k
Lot Size
10,019 sqft
Type
single family
More Than Just a Property
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4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
6
Grandhaven Elementary School
K-5
0.4 mi away
6
Patton Middle School
6-8
0.4 mi away
9
McMinnville High School
9-12
0.6 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
ranch stylesingle-storybrick facadeattached garagegreen exteriorpitched roofasphalt shinglesresidentialsuburbancurb appealfront yardconcrete drivewayestablished neighborhoodtraditional
Haven AI Verdict
Recommendation
Risky
Confidence Score: 2/10
Exercise caution due to potential market volatility.
Cap Rate
6.13%
Total ROI
92.1%
Cash Flow
$-37/mo
DSCR
0.98
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-37/mo net cash flow with a 6.1% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (6.1%)
- • Strong rental demand in McMinnville
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-09-17 | Price change | $455,000 | $245 |
| 2026-08-20 | Listed for sale | $465,000 | $250 |
| 2019-08-09 | Sold | $320,000 | $172 |
| 2019-07-19 | Pending sale | $324,900 | $175 |
| 2019-07-12 | Listed for sale | $324,900 | $175 |
| 2019-07-03 | Pending sale | $324,900 | $175 |
| 2019-06-20 | Listed for sale | $324,900 | $175 |
| 2019-04-05 | Sold | $248,850 | $134 |
| 2019-02-21 | Pending sale | $259,900 | $140 |
| 2019-02-05 | Price change | $259,900 | $140 |
| 2019-01-14 | Listed for sale | $289,000 | $155 |
| 2018-07-24 | Sold | $228,800 | $123 |
| 2018-01-10 | Listing removed | $194,100 | $104 |
| 2018-01-04 | Listed for sale | $0 | – |
| 2007-04-20 | Sold | $220,000 | $118 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $3,920.29 | $220,158 |
| 2024 | $3,715.14 | $213,746 |
| 2023 | $3,507.61 | $207,520 |
| 2022 | $3,322.84 | $201,476 |
| 2021 | $3,244.24 | $195,608 |
| 2020 | $3,218.36 | $189,911 |
| 2019 | $3,131.09 | $184,380 |
| 2018 | $3,069.18 | $179,010 |
| 2017 | $3,069.18 | $173,796 |
| 2016 | $2,856.29 | $168,734 |
| 2015 | $2,856.29 | $163,821 |
| 2014 | $2,786.7 | $159,051 |
| 2013 | $2,545.71 | $154,420 |
| 2012 | $2,483.17 | $149,924 |
| 2011 | $2,415.9 | $145,559 |
| 2010 | $2,330.73 | $141,321 |
| 2009 | $2,292.28 | $137,205 |
| 2008 | $2,197.99 | $133,209 |
| 2007 | $2,146.89 | $129,329 |
| 2006 | $1,938.53 | $125,562 |
| 2005 | $1,988.68 | $121,905 |
| 2004 | $1,885.32 | $118,355 |
| 2003 | $2,011.42 | $114,908 |
| 2002 | $1,928.8 | $111,561 |
| 2001 | $1,853.13 | $108,312 |
| 2000 | $1,783.34 | $105,157 |
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